WHAT COULD POSSIBLY GO WRONG IN 2026

OUR actions and in-actions shape the prospects for your money.

- RAJAS KELKAR

Things you do intentionally make you responsible for the outcome. However, most of you do not do everything related to money with intent. A part of your money is receiving direct orders from you, while the other part is passively following the instructions of the mandate your mutual funds are supposed to follow. In India, there is a significant critical mass of active and passive investors in the capital market. A significant majority is a passive operator, letting things happen to the money rather than taking responsibility. That makes the external environment critical. These are factors that influence your money.

The world risk in 2026

In the New Year, the stock market analyst community is guarded in predicting any specific trend. The world will remain fraught with risks of frothy valuations, inflation, trade wars, and geopolitical conflicts in 2026. With share prices ending at record highs in most rich-country stock markets, all eyes will be on the actions of the US Federal Reserve, the US central bank.